Ethan Allen Interiors Inc. (NYSE:ETH) – Analysts at Dougherty & Co decreased their Q1 2018 earnings per share estimates for shares of Ethan Allen Interiors in a research report issued on Monday. Dougherty & Co analyst J. Hamblin now anticipates that the company will post earnings per share of $0.43 for the quarter, down from their previous forecast of $0.45. Dougherty & Co has a “Buy” rating and a $35.00 price target on the stock.
A number of other research firms also recently weighed in on ETH. TheStreet raised Ethan Allen Interiors from a “c+” rating to a “b-” rating in a report on Thursday, June 29th. BidaskClub raised Ethan Allen Interiors from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $33.50.
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Shares of Ethan Allen Interiors (NYSE:ETH) traded up 3.79% during mid-day trading on Wednesday, hitting $30.10. The stock had a trading volume of 198,794 shares. The firm has a 50 day moving average of $30.45 and a 200 day moving average of $30.14. Ethan Allen Interiors has a one year low of $26.75 and a one year high of $38.80. The stock has a market cap of $826.15 million, a price-to-earnings ratio of 23.33 and a beta of 1.20.
Ethan Allen Interiors (NYSE:ETH) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $0.42 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.42. The firm had revenue of $194.90 million for the quarter, compared to analysts’ expectations of $194.94 million. Ethan Allen Interiors had a return on equity of 10.17% and a net margin of 4.74%. Ethan Allen Interiors’s revenue for the quarter was down 5.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.57 earnings per share.
Several large investors have recently bought and sold shares of ETH. Great West Life Assurance Co. Can raised its stake in shares of Ethan Allen Interiors by 4.4% in the first quarter. Great West Life Assurance Co. Can now owns 34,206 shares of the company’s stock valued at $1,047,000 after acquiring an additional 1,444 shares during the last quarter. First Trust Advisors LP raised its stake in shares of Ethan Allen Interiors by 0.7% in the first quarter. First Trust Advisors LP now owns 50,698 shares of the company’s stock valued at $1,554,000 after acquiring an additional 355 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of Ethan Allen Interiors by 8.7% in the first quarter. BNP Paribas Arbitrage SA now owns 8,990 shares of the company’s stock valued at $276,000 after acquiring an additional 717 shares during the last quarter. Comerica Bank raised its stake in shares of Ethan Allen Interiors by 4.0% in the first quarter. Comerica Bank now owns 28,258 shares of the company’s stock valued at $819,000 after acquiring an additional 1,099 shares during the last quarter. Finally, Karp Capital Management Corp bought a new position in shares of Ethan Allen Interiors in the first quarter valued at approximately $282,000. Institutional investors own 99.41% of the company’s stock.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 25th. Stockholders of record on Tuesday, October 10th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date is Friday, October 6th. Ethan Allen Interiors’s dividend payout ratio (DPR) is currently 58.92%.
About Ethan Allen Interiors
Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.
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